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Fundamentals Quotes - page 6
In the book 1984, George Orwell pictured a totalitarian society that has become the standard view of the total state of the future. Everyone's life was controlled by computer, and there was a TV camera in every room to monitor everyone's activities... Fortunately, such dramas overlook the fundamentals of economics. The larger the government, the less efficient and productive is the economy. Slaves don't produce with the enthusiasm, incentive, and imagination that free people do. Bureaucratic programs just don't work as intended... So while the totalitarian state may include a TV camera in every room, I doubt that the camera will work.
Harry Browne
Through all the years that I have been in business I have never yet found our business bad as a result of any outside force. It has always been due to some defect in our own company, and whenever we located and repaired that defect our business became good again - regardless of what anyone else might be doing. And it will always be found that this country has nationally bad business when business men are drifting, and that business is good when men take hold of their own affairs, put leadership into them, and push forward in spite of obstacles. Only disaster can result when the fundamental principles of business are disregarded and what looks like the easiest way is taken. These fundamentals, as I see them, are:.
Henry Ford
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